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Merz on VW's plans: "Germany not competitive - Commitment to e-mobility a mistake"
CDU leader Friedrich Merz sees Volkswagen's intensified austerity plans as an economic policy wake-up call for the federal government.
“Germany is no longer competitive enough,” criticized Merz at a CDU event in Osnabrück.
It may be that VW made a mistake with a unilateral commitment to electromobility. In the EU election campaign, the CDU repeatedly drew attention with demands to reverse the EU's decision to halt the sale of vehicles with internal combustion engines from 2035.
German Industry Not Competitive Enough?
However, large parts of the German industry are no longer competitive, including the automotive industry, chemicals, and mechanical engineering, said Merz. The political framework conditions are primarily responsible for this.
Volkswagen has been declared a "restructuring case" by the board, said Merz. "This now clearly shows this federal government where we stand. This is not a cyclical issue of the world market."
Savings program announced
VW had previously announced that the core brand VW no longer excludes plant closures and layoffs as part of a savings program.
Translated automatically from German.
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